Funding you earn now, next payment 08:00 UTC−0.0258%/8h= −28.2% APRpaid last 24h −0.013%
Price spread now: Variational Omni against GMX−0.079%7-day average +0.177% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.079%, 7d avg +0.177%
=Together, before fees+0.121%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.256% cheaper against GMX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.177%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XMR/USD [WBTC.b-USDC] | 571.95 | L +0.1123% / S −0.1459% | pay 0.0140% / 1h | 18m 25s | $596K | — | 100x |
| Short | Variational Omni XMR | 571.49 | 0.0865 | get 0.0865% / 8h | 18m 25s | $6.2M | $2.3M | — |
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$54.1
- Price spread: −0.079% → +0.177%
- −$25.65
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$91.75
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 3.76 bp | doesn't fit | 23.3 bp −$233 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XMR on 31 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0004% | 1h | 571.95 | 0.000% | $33K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.853% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 571.98 | +0.005% | $1.0M | $532K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 572.65 | +0.123% | $30K | $1.7M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 572.51 | +0.098% | $2K | $1.3M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 571.94 | −0.002% | $1.1M | $1.1M | 20x | as long as short |
| Extended XMR-USD | +0.0104% | 1h | 572.84 | +0.156% | $3.0M | $7.9M | 25x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 573.06 | +0.195% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0295% | 8h | 572.82 | +0.152% | $45.3M | $18.7M | 50x | as long as short |
| Lighter XMR | +0.0320% | 1h | 573.12 | +0.204% | $3.1M | $5.9M | 10x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
Polymarket Perps XMR-USD
SunX XMR-USDT
HTX XMR-USDT
Extended XMR-USD
Aevo XMR-PERP
KuCoin XMRUSDTM
Lighter XMRShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XMR_USDC_PERP | +0.0436% | 1h | 573.11 | +0.203% | $175K | $420K | 20x | as long as short |
| Bybit XMRUSDT | +0.0446% | 8h | 572.80 | +0.149% | $46.4M | $51.7M | 75x | as long as short |
| Gate XMR_USDT | +0.0487% | 8h | 572.86 | +0.159% | $1.6M | $2.9M | 50x | as long as short |
| Hyperliquid XMR | +0.0490% | 1h | 572.95 | +0.175% | $87.0M | $60.7M | 5x | as long as short |
| BingX XMR-USDT | +0.0495% | 8h | 572.99 | +0.182% | — | $5.4M | — | as long as short |
| Bitget XMRUSDT | +0.0516% | 8h | 573.25 | +0.227% | $9.4M | $10.6M | 50x | as long as short |
| MEXC XMR_USDT | +0.0518% | 8h | 573.09 | +0.199% | $20.2M | $11.1M | 100x | as long as short |
| Binance XMRUSDT | +0.0518% | 8h | 573.13 | +0.206% | $52.3M | $112.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0618% | 1h | 572.36 | +0.071% | $5.4M | $9.7M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0656% | 8h | 573.24 | +0.226% | $8K | $2K | 20x | as long as short |
| Aster XMRUSDT | +0.0659% | 8h | 572.68 | +0.127% | $640K | $1.7M | 75x | as long as short |
| dYdX XMR-USD | +0.0726% | 1h | 572.45 | +0.088% | $104K | $29K | 5x | as long as short |
| Pacifica XMR | +0.0735% | 1h | 573.31 | +0.237% | $267K | $788K | 10x | as long as short |
| SoDEX XMR-USD | +0.0741% | 1h | 573.02 | +0.187% | $435K | $3K | 5x | as long as short |
| BloFin XMR-USDT | +0.0835% | 8h | 573.39 | +0.252% | $2.7M | $10.2M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0846% | 8h | 571.51 | −0.076% | $340K | $628K | 10x | as long as short |
| Variational Omni XMRshort | +0.0865% | 8h | 571.49 | −0.079% | $6.2M | $2.3M | — | |
| Nado XMR-PERP | +0.0980% | 1h | 572.96 | +0.177% | $1.2M | $335K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]long | L +0.1123% / S −0.1459% | 1h | 571.95 | long leg | $596K | — | 100x | |
| Orderly PERP_XMR_USDC | +0.1158% | 8h | 572.93 | +0.171% | $40K | $451K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1962% | 1h | 572.86 | +0.159% | $1K | $39K | 10x | as long as short |
Backpack XMR_USDC_PERP
Bybit XMRUSDT
Gate XMR_USDT
Hyperliquid XMR
BingX XMR-USDT
Bitget XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Kraken Futures PF_XMRUSD
Paradex XMR-USD-PERP
Aster XMRUSDT
dYdX XMR-USD
Pacifica XMR
SoDEX XMR-USD
BloFin XMR-USDT
GRVT XMR_USDT_Perp
Nado XMR-PERP
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD